SSP Group plc (OTCMKTS:SSPPF) Sees Significant Decline in Short Interest

SSP Group plc (OTCMKTS:SSPPF) saw a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 290,600 shares, a decrease of 26.7% from the November 15th total of 396,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

SSP Group Stock Performance

SSPPF stock remained flat at $2.35 during mid-day trading on Friday. The stock has a fifty day moving average of $2.19 and a 200-day moving average of $2.28. SSP Group has a 52-week low of $2.14 and a 52-week high of $2.35. The company has a quick ratio of 0.30, a current ratio of 0.35 and a debt-to-equity ratio of 4.63.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on SSPPF shares. UBS Group raised SSP Group to a “hold” rating in a report on Friday, October 4th. Citigroup raised shares of SSP Group to a “strong-buy” rating in a research report on Monday, September 30th. Finally, Barclays raised shares of SSP Group to a “strong-buy” rating in a report on Friday, October 11th.

About SSP Group

SSP Group plc operates food and beverage outlets in North America, Europe, the United Kingdom, Ireland, the Asia Pacific, Eastern Europe, the Middle East, and internationally. The company operates outlets at airports, railway stations, motorway service areas, hospitals, and shopping centers. It also operates sandwich shops, cafes, bars, and restaurants.